She will be taking over from Adi Godrej who will assume the Chairman Emeritus position. In February this year, Pirojsha Godrej, the managing director was made the Executive Chairman of Godrej Properties.

"The foundations of GCPL are extremely strong. This is an opportune time to transition to a new Chairperson, who will lead the company in its next phase of growth," Adi Godre, Chairman at Gdorej Group said.

A decade ago, Nisa initiated and led Project Leapfrog in GCPL to accelerate domestic organic growth through innovation and consolidation. With a string of acquisitions, it has expanded to UK, Indonesia, Latin America and Africa with international business accounting for nearly half its overall sales of about Rs9000 crore. In the the past decade, GCPL had acquired nearly half a dozen companies and brands in Africa including hair colour brand -Rapidol (2006), hair extensions brand -Kinky (2008) in South Africa. In 2010 the consumer firm purchased personal care Nigerian product called Tura and another hair extension brand Darling in 2011. The acquisition spree was followed in 2015 with Frika, a South-African hair extension brand and a 75% stake in Canon Chemicals, which makes products ranging from lotions to detergents.

Since 2007 when she joined, GCPL’s market capitalisation has risen to about Rs64,000 crore, a 20-fold jump from Rs3000 earlier. The 39-year old has a BSc degree from The Wharton School at the University of Pennsylvania and an MBA from Harvard Business School. Vivek Gambhir will continue as managing director in GCPL, the consumer products arm of Godrej Group that sells brands such as GoodKnight and Cinthol.